Biden Energy Coordinator Warns That US Economy Will Be Eliminating Oil Use In Next ‘Several Years’

During an interview with CNBC’s Joe Kernen, Amos Hochstein, President Biden’s special presidential coordinator for international energy policy, revealed that the Biden administration planned on eliminating oil use within the next “several years.” Hochstein’s comments came as he was questioned on why anyone would invest in oil companies if it is a shrinking industry. His defense was that oil use would be eliminated in “several years” rather than “two or three years.” “Eventually we are going to be phasing out the use of oil,” Hochstein said. “What is eventually? What’s eventually?” Kernen asked. “You’re not going to want to invest


